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Article: Duke Energy Files Merger Applications in North Carolina and South Carolina.
- Article from:
- PR Newswire
- Article date:
- July 15, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHARLOTTE, N.C., July 15 /PRNewswire-FirstCall/ -- Duke Energy today filed applications with regulators in North Carolina and South Carolina seeking approval of the company's planned merger with Cinergy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO )
In applications filed with the North Carolina Utilities Commission and the Public Service Commission of South Carolina, Duke said the planned combination will create a larger, more diversified and financially stronger company. The increased scale and scope of the combined company will position it well to meet future energy and infrastructure needs.
"For more than a century, ...